2-bedroom flat · LS9 8AU
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS 2 BEDROOM, 2 BATHROOM APARTMENT, PARKING, BALCONY, CONCIERGE, ON-SITE GYM, COURTYARD SETTING.
The Gateway development offers a courtyard setting ideally located to the East of the City Centre with Leeds Train Station and City Centre Shopping, Restaurants and Bars only a short walk away.
Presently comprises of 552 apartments over 4 Blocks, North, South, East and West the latter completing in 2006.
The Gateway also has John Lewis, West Yorkshire playhouse, Leeds Dock and Leeds Market all on the doorstep. The Gateway benefits from 24-hour concierge/security services included.
Other facilities available are onsite gym, private GP services and convenience store. Leasehold and property information given by owner.
Lease: 150 years from 2006 Ground rent £250 (next review 2031) Service charge £622.96 per quarter Nigel Lenton’s over 40 years in sales and lettings means you are in very safe and trustworthy hands at The Agency.
The Gateway is one the many sites Nigel helped sell off plan originally.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Gateway East, Marsh Lane, Leeds, LS9
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